Securities and Futures Act (SFA): Primary legislation (Chapter 289) governing securities, futures, and financial markets in Singapore. Sets out licensing requirements and regulatory framework for brokers.
Financial Advisers Act (FAA): Chapter 110 of Singapore laws regulating financial advisory services, including requirements for financial advisers and brokers providing financial advice.
Securities and Futures Regulations: Detailed regulations covering licensing requirements and conduct of business for brokers, including compliance obligations and operational requirements.
Companies Act: Chapter 50 of Singapore laws governing corporate entities, relevant for broker companies' incorporation and corporate governance requirements.
MAS Guidelines: Regulatory guidelines issued by the Monetary Authority of Singapore specifying compliance requirements and best practices for brokers.
SGX Rules: Singapore Exchange rules and regulations governing trading activities and broker conduct on the exchange.
Contract Law: Common law principles governing contract formation, execution, and enforcement in Singapore.
Civil Law Act: Chapter 43 providing framework for civil law matters including contract enforcement and remedies.
Electronic Transactions Act: Chapter 88 governing electronic transactions and digital signatures, relevant for online brokerage services.
Personal Data Protection Act: 2012 Act governing the collection, use, and disclosure of personal data, crucial for handling client information.
KYC Requirements: Know Your Client obligations requiring brokers to verify client identity and assess suitability of financial products.
AML Regulations: Anti-Money Laundering requirements including customer due diligence and suspicious transaction reporting.
Record Keeping Requirements: Regulatory obligations for maintaining accurate records of all transactions, client communications, and other business activities.
Risk Disclosure Requirements: Obligations to inform clients about potential risks associated with investment products and services.
Dispute Resolution Framework: Legal framework for handling disputes including mediation, arbitration, and court proceedings under Singapore jurisdiction.
